Insurer Secured Obligations definition

Insurer Secured Obligations means all amounts and obligations which the Issuer may at any time owe to or on behalf of the Note Insurer under this Indenture, the Insurance Agreement or any other Basic Document.

Insurer Secured Obligations means, with respect to a Series, all amounts and obligations which may at any time be owed to or on behalf of Financial Security (or any agents, accountants or attorneys for Financial Security) under the Insurance Agreement related to such Series or under any Transaction Document in respect of such Series, regardless of whether such amounts are owed now or in the future, whether liquidated or unliquidated, contingent or noncontingent.

Insurer Secured Obligations means, with respect to a Series, all amounts and obligations which OFL, the Seller and such other parties as may be named therein may at any time owe or be required to perform to or on behalf of Financial Security (or any agents, accountants or attorneys for Financial Security) under the Insurance Agreement related to such Series or under any Transaction Document in respect of such Series, regardless of whether such amounts are owed or performance is due now or in the future, whether liquidated or unliquidated, contingent or non-contingent.

Examples of Insurer Secured Obligations in a sentence

• No Residual Certificateholder shall have any right to institute any proceeding, judicial or otherwise, with respect to this Indenture, or for the appointment of a receiver or trustee, or for any other remedy hereunder while any Trustee Secured Obligations or Note Insurer Secured Obligations remain outstanding.

• If the Class A Notes are no longer Outstanding and the Note Insurer has received full payment and performance of all Insurer Secured Obligations, any provision, including this Section 11.19, which gives the Note Insurer any rights as Controlling Party shall be inoperative following such time and such rights instead shall vest in the Indenture Trustee acting at the direction of the Majority Noteholders.

• As an additional inducement to the Insurer to issue the Policy, and as security for the performance by the Issuer of the Insurer Secured Obligations and as security for the performance by the Issuer of the Indenture Trustee Secured Obligations, the Issuer has agreed to assign the Collateral (as defined below) as collateral to the Indenture Trustee for the benefit of the Issuer Secured Parties, as their respective interests may appear.

• As an additional inducement to the Insurer to issue the Policy, and as security for the performance by the Issuer of the Insurer Secured Obligations (as defined below) and as security for the performance by the Issuer of the Indenture Trustee Secured Obligations, the Issuer has agreed to assign the Collateral (as defined below) as collateral to the Indenture Trustee for the benefit of the Issuer Secured Parties, as their respective interests may appear.

• The Series 2005-C-F Insurer Secured Obligations form part of the consideration to Financial Security for its issuance of the Series 2005-C-F Policy (as defined herein).

More Definitions of Insurer Secured Obligations

Insurer Secured Obligations all amounts and obligations which may at --------------------------- any time be owed to or on behalf of the Insurer (or any agents, accountants or attorneys for the Insurer) under this Indenture, the Insurance Agreement or any other Transaction Document.

Insurer Secured Obligations means all amounts and obligations which the Issuer may at any time owe to or on behalf of the Insurer under this Indenture, the Insurance Agreement or any other Basic Document.

Insurer Secured Obligations means all amounts and obligations that may at any time be owed or required to be performed to or on behalf of the Security Insurer (or any agents, accountants or attorneys for the Security Insurer), including the Security Insurer as third party beneficiary, under the Insurance Agreement or under any other Transaction Document, regardless of whether such amounts are owed or performance is due now or in the future, whether liquidated or unliquidated, contingent or non-contingent.

Insurer Secured Obligations means all amounts and obligations which may at any time be owed to or on behalf of Assured Guaranty (or any agents, accountants or attorneys for Assured Guaranty) under the Insurance Agreement or under any Transaction Document, regardless of whether such amounts are owed in the future, whether liquidated or unliquidated, contingent or non-contingent.

Insurer Secured Obligations means, with respect to a Series, all amounts and obligations which may at any time be owed to or on behalf of Financial Security (or any agents, accountants or attorneys for Financial Security) under the Insurance Agreement related to such Series or under any Transaction Document in respect of such Series, regardless of whether such amounts are owed now or in the future, whether liquidated or unliquidated, contingent or non-contingent.

Insurer Secured Obligations has the meaning specified therefor in the Security Agreement.

Insurer Secured Obligations all amounts and obligations which may at --------------------------- any time be owed to or on behalf of the Insurer (or any agents, accountants or attorneys for the Insurer) under this Indenture, the Insurance Agreement or any other Transaction Document. IOS Capital: IOS Capital, Inc., a Delaware corporation. ----------- Issuance Date: May 25, 1999. -------------